Find that cocktail napkin is sufficient to bind her to agree

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Q. Peter also Betty Bigelow discusses a large order for gizmo goods that Betty is considering buying from Peter's company. During meeting they come to an agreement also Betty borrows Peter's eye liner also writes on a cocktail napkin "I, Betty Bigelow, agree to purchase 10,000 gizmos from Peter at $99.99 each for delivery June 8, 2011." She n signs napkin also hands it over to Peter.

A. If Betty fails to honour this agreement; will a court find that cocktail napkin is sufficient to bind her to agreement under statute of frauds? Circle Yes or No

B. Explain how you arrived at this answer

Reference no: EM1380351

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